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236 W 64TH Avenue in Vancouver: Marpole House for sale (Vancouver West) : MLS® # R2197486

Posted by Aedis Realty on January 19, 2018
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Sunset on the Fraser River

The Neighbourhood

Sunset 1An ethnically diverse neighbourhood within Ontario Street on the west and Knight Street on the east, Sunset extends from 41st Avenue south to the Fraser River in southeastern Vancouver, British Columbia. Like most of southeast Vancouver, the area was once mostly working class, but rising prices everywhere have made the area increasingly popular with young professionals and families no longer able to afford houses on the west side.

Background

Formerly part of the incorporated District of South Vancouver, the neighbourhood became part of Vancouver in 1929. As farmland sloping southward to the river with clusters of homes and villages by the 1860s, when the Fraser River was a full day’s journey to the Granville Townsite on the Burrard Inlet by boat or overland through forest and swamp, Sunset welcomed the advance of Westminster Avenue, now Main Street, south from Mount Pleasant in 1910.

The first immigrants from Punjab arrived in Vancouver in the 1890s. Most of them settled in the area around Main Street and 49th Avenue, and many established restaurants and businesses there. Over the years the Sunset neighbourhood has become for Vancouver’s estimated 160,000 South Asian residents a central assembly point of culture and commerce.

The number of Punjabi speakers increased steadily for decades. It is now the most common language in Sunset. More than one in four, 26 per cent of the Sunset population, in 2006 spoke Punjabi as their first language compared to less than three per cent of the general city population, 21 percent spoke Chinese, and 24 percent English. Businesses, restaurants, and services catering to these communities proliferated along Fraser and Main streets; prominent among them was the Punjabi Market.

Sunset 2Information Links:

http://southhillbia.ca
http://vancouver.ca/green-vancouver/sunset.aspx
http://www.mysunset.net

The Punjabi Market

The Punjabi Market is a commercial district and ethnic enclave in a roughly six-block section around Main Street and 49th Avenue. Vancouver is home to more than 200,000 people of Indian and Pakistani descent, nowhere more vibrant than at the Punjabi Market, a world of glittering bangles, flowing saris, and rich curry aromas. The neighbourhood gives visitors a glimpse of South Asian culture on Canada’s Pacific Coast. Shops sell fine silk saris in a rainbow of bright colors and elaborate gowns with thousands of tiny inlaid gems. Bhangra music from Bollywood films pumps out of storefronts. Fine jewelers offer exquisite gold rings, bracelets, and necklaces. In April, the Punjabi Market celebrates Vaisakhi Day, the Sikh New Year, with a colorful parade through the streets attracting thousands of spectators.

Vancouver’s Punjabi Market has been a city fixture for decades, but the 2013 municipal Assessment Roll Report finds the area in financial trouble: “Values here are down about 15 percent as the regional [Indo-Canadian] retail hub continues to shift towards Surrey.” Even Tourism Vancouver says the Punjabi Market is struggling. Once famous for many jewelry stores, the Punjabi Market now displays lots of empty space for lease. Elsewhere across the city, retail property value assessments rise but decline here as businesses relocate to Surrey.

The Punjabi Market Association says the district needs some help from the city, province, and federal governments if it’s going to survive. The Surrey Board of Trade says its city offers lower rents and taxes than does Vancouver.

New Sunset Live MLS Listings

236 W 64TH Avenue
Marpole Vancouver V5X 2L8

$6,103,888
Residential Detached beds: 0 baths: 1.0 3,209 sq. ft. built: 2003

Main Photo: 236 W 64TH Avenue in Vancouver: Marpole House for sale (Vancouver West)  : MLS® # R2197486
Prop. Type:
Residential Detached
MLS® Num:
R2197486
Status:
Active
Bathrooms:
1
Year Built:
2003
Developers and Investors alert - Marpole Community Plan! Prime redevelopment site with proposed FSR 2.5 in the hub of Marine Gateway up to approximately 44,300 sqft. Super convenient location close to Skytrain Station, shopping area, restaurants, golf course, etc. Situated in one of the best Vancouver West school catchment - Churchill Secondary! Property is sold AS-IS, WHERE-IS and can be sold with the neighbours' properties as part of the land assembly. Call listing agent for details.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
2003 (Age: 15)
Total area:
3,209 sq. ft.
Total Floor Area:
3,209 sq. ft.
Price Per SqFt:
$1,902.12
Total unfinished area:
0 sq. ft.
Main Floor Area:
1,303 sq. ft.
Floor Area Above Main:
1,134 sq. ft.
Floor Area Below Main:
772 sq. ft.
Basement Area:
0 sq. ft.
Finished Levels:
3.0
Rainscreen:
Bedrooms:
0 (Above Grd: 0)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
0
Rooms:
1
Taxes:
$6,032.72 / 2017
Lot Area:
5,425 sq. ft.
Lot Frontage:
0'
Rear Yard Exposure:
Outdoor Area:
None
Water Supply:
Plan:
VAP2191
Heating:
Construction:
Foundation:
Basement:
Full
Roof:
Floor Finish:
Fireplaces:
0
Parking:
Parking Access:
Exterior Finish:
Title to Land:
Freehold NonStrata
Suite:
Floor
Type
Size
Other
Main
Floor
Ensuite
Pieces
Other
Main
None
PL VAP2191 LT 9 BLK 8 DL 322 LD 36
Dist to Public Trans:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Services Connected:
Community, Electricity, Natural Gas, Sanitary Sewer, Storm Sewer, Water
Listed Date:
Previous Price:
Original Price:
  • Photo 1: 236 W 64TH Avenue in Vancouver: Marpole House for sale (Vancouver West)  : MLS® # R2197486
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Regent Park Realty Inc.
Listing information last updated on 23-Aug-2017 12:12 AM
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